Atonomi (ATMI)

Overview

Atonomi provides a new security protocol and infrastructure to enable billions of IoT devices to have trusted interoperability for both data and commerce.

Project stage

Prototype

Detailed description

Atonomi provides a new security protocol and infrastructure to enable billions of IoT devices to have trusted interoperability for both data and commerce. The key innovation of Atonomi is to root the identity and reputation of devices on a blockchain-based immutable ledger.

Problem

Vertically focused IoT companies are building diverse new applications for both controlled and autonomous device-to-device interactions, but the attack surface represented by billions of IoT devices – most of which are now unprotected or poorly protected – could enable hackers to disrupt the services that is expected to control many aspects of our lives in the coming years.

Solution

By building on the Atonomi Security Protocol, application developers can unleash the power of IoT. Since the inception of blockchain technology, developers have recognized its potential for protecting the IoT. But they hit a wall when it came to validating device identity and reputation. Atonomi will solve these problems by creating a secure ecosystem for IoT device interaction and commerce – essential to supporting billions of IoT devices engaging in trillions of transactions.

The basic Atonomi architecture, built upon the Ethereum platform, will include these key elements for users and ecosystem developers:

Service to Establish IdentityTrusted identity provides a level of insurance necessary for IoT devices to exchange information, enable actions and buy and sell products and services. Once registered, the device is known and trusted by the Atonomi network and now ready for the device owner to activate the device when placed in service.

Protocol and System to Manage ReputationOnce device identity is established, the reputation of devices must be managed in order for secure interoperability to exist. A device’s reputation consists of its unique behavioral signature representing varying degrees of security, commercial, social, service, and other quality measurements. Atonomi’s reputation protocol is a key enabler of a future consisting of trusted devices securely interacting in an autonomous manner.

Token to Facilitate Services in the Atonomi NetworkAtonomi intends build a global ecosystem to enable the secure, trusted interoperability of IoT devices through identity and reputation. Our vision is to tokenize the identity and reputation of devices on the Atonomi Network leveraging Ethereum, while utilizing the token as a means to drive ecosystem participation. Key participants such as OEM/device manufacturers, distributors, device owners and auditors will receive Atonomi Token for participating in the Atonomi Network.

Extensible Architecture to be Built UponThe Atonomi Network has been designed for others to build upon and extend the services to meet the additional needs of new and existing market segments. The Identity Registry and Transaction Ledger can be integrated into services such as healthcare, industrial IoT, and home automation to enable devices from different manufacturers to interoperate without the complexity of custom API development or the security risks associated with open communications between unknown devices.

Additional links

Token details

Token symbol
? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. :ATMI

Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 25,000,000 USD

Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)

Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA

Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token

Total supply ? Total supply — a total amount of tokens that will be released by the developers. :1,000,000,000 ATMI

Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No

Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :500,000,000 ATMI

Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed

Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No

Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA

Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,

Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No

Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes

Activity

Social

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